Annual general meeting of Dewan Automotive Engineering Limited to be held on January 22, 2018


Karachi, Dewan Automotive Engineering Limitedinformed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on January 22, 2018 at Lahore.

The agenda of the meeting will be confirming the minutes of the Preceding AnnualGeneral Meeting of the Company, to receive, consider, approve and adopt the annual audited financial statements of the Company for the year ended June 30, 2017, together with the Director’s and Auditor’s Reports thereon, to confirm to appointment of the Statutory auditors of the Company for the year ended June 30, 2018 and to fix their remuneration and to consider any other business with the permission of the chair.

Further, the closed period of the company is from January 24, 2018 to January 31, 2018 (both days inclusive).
Dewan Automotive Engineering Limited is a company incorporated in Pakistan on May 6, 1982. The commercial operations of the company commenced in August, 1983. It is a public Limited company the foundations of which are laid under the Companies Ordinance, 1984. The principal business of the company is assembly-cum progressive manufacture and sale of tractors, light commercial vehicles and motorcycles and trading/manufacturing of parts and implements related. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The factory of the company is located in Hub, Balochistan.

The symbol “DWAE” is being used by the stock exchanges for the shares of Dewan Automotive Engineering Limited.